Austrian Know-how and capital for developing countries
OeEB and ILF Consulting Engineers, a renowned Austrian engineering and consulting firm, found a joint project development company. The aim of Rendcor (Renewable Energy Development Corporation) is to provide know-how and capital for renewable energy projects in developing countries.
|Project name||Rendcor Project Development Company|
|Region||Southern and Eastern Asia|
|Sector||Energy / Resource efficiency / Infrastructure|
|OeEB project volume||EUR 5 million|
|Project partner(s)||ILF Consulting Engineers|
Both OeEB and ILF Consulting Engineers will hold 50 percent ownership. Rendcor's first projects will be implemented in Southeast Asia, building on ILF's extensive experience in the region.
By investing in Rendcor, OeEB contributes to promoting clean energy and climate protection.